Resilience of export firms bearing fruit
A foreign purchaser experiences a go-kart at the 137th China Import and Export Fair, also known as the Canton Fair, in Guangzhou, Guangdong province, on Thursday. CHEN JIMIN/CHINA NEWS SERVICE。
Chinese exporters are accelerating digital upgrades, advancing green development and expanding connections with European and emerging markets to offset the impact of the United States' tariff hikes, with transformation efforts already yielding tangible results.。
As the US continues to wield tariffs in ways that disrupt the established international trade order, government officials and manufacturers said that China's foreign trade sector remains resilient and well-positioned to navigate external challenges.。
Driven by shifting global market dynamics, a surge of new products, business models and trade formats is taking shape in China.。
Xiao Lu, deputy director of the department of foreign trade at the Ministry of Commerce, said that Chinese manufacturers are tapping into the country's comprehensive industrial system and strong supply chain ecosystem to more effectively integrate resources.。
"They are pursuing quality for survival and leveraging innovation to tap into more emerging markets, services for foundation-building and branding for improved profitability," said Xiao, who emphasized that the fundamentals supporting the long-term, stable growth of China's foreign trade remain unchanged.。
One such company is Zhejiang Minglei Tools Industry Co, an electric tools manufacturer based in Ningbo, Zhejiang province. It saw its export value rise 15 percent year-on-year to 24 million yuan ($3.3 million) in the first quarter of 2025, according to Ningbo Customs data.。
During the first phase of the 137th China Import and Export Fair, also known as the Canton Fair, in mid-April in Guangzhou, Guangdong province, the company prominently displayed several newly designed, lightweight power tools tailored for European customers, and it established deeper cooperation intentions with clients from Central Asia and South America.。
"Faced with mounting external pressures, we made a fresh attempt to expand into the European home appliance market this year," said Liu Hui, Zhejiang Minglei's sales director. "In response to rising labor costs and the increasing demand for household power tools in Europe, we have developed new models featuring external battery cells, offering a lightweight design that also meets the European Union's latest environmental regulations."。
Propelled by China's soaring trade value with emerging markets, Agco (Changzhou) Agricultural Machinery Co, a tractor and generator manufacturer in Changzhou, Jiangsu province, recorded exports to South Africa totaling 14.74 million yuan between January and March, up 212.1 percent year-on-year, according to Nanjing Customs.。
"Rising demand for agricultural machinery in emerging markets is driving strong sales of our fuel-efficient equipment and digital solutions, particularly in Brazil, Egypt and Indonesia," said Zhang Yaqing, the company's head of logistics.。
Highlighting that China's expanding network of trade partners is becoming a new driver of export growth, Mei Xinyu, a researcher at the Chinese Academy of International Trade and Economic Cooperation in Beijing, said a more diversified market landscape is taking shape at a faster pace.。
That sentiment is in line with the latest data. China's trade with countries such as Germany, Spain and the United Kingdom saw robust growth in the first quarter, while its trade with economies participating in the Belt and Road Initiative grew 2.2 percent year-on-year to 5.26 trillion yuan, accounting for over 51 percent of the total, data from the General Administration of Customs shows.。
To further support manufacturers in exploring diversified markets and mitigating the impact of unilateralism, the China Foreign Trade Center, the organizer of the Canton Fair, announced on Thursday that the ongoing 137th Canton Fair will offer a 50 percent reduction in booth fees for exhibitors in the export section. The discounted amount will be refunded through the original payment channels.。
(责任编辑:综合)
-
体重秤上飙升的数字、圆润的脸庞占满镜子、衣柜里又多了穿不下的裤子……种种“暴击”似乎都在提示你“又该瘦身了”!近年来,我国居民超重肥壮问题不断凸显。国家卫健委发布的《体重办理辅导准则2024年版)》指 ...[详细]
-
极目新闻记者 陈凌燕。WTA官方交际渠道图。5月25日,法国网球公开赛首轮,郑钦文以大比分2-0打败前法网亚军帕芙柳琴科娃,晋级第二轮。首盘,郑钦文首先破发,树立抢先优势,帕芙柳琴科娃坚强将比分追平。 ...[详细]
-
喻家山下“磁力”吸辐全球科研机构 ——国家脉冲强磁场科学中心猛进全球“双最”方针
湖北日报全媒记者 张歆 通讯员 高翔 实习生 商喾文。日前,由国家脉冲强磁场科学中心李亮教授牵头、宋运兴研讨员团队自主研制的无骨架传导冷却NbTi低温超导磁体,在9.0T峰值场强下完成了安稳运转。该磁 ...[详细]
-
喻家山下“磁力”招引全球科研机构 ——国家脉冲强磁场科学中心猛进全球“双最”方针
湖北日报全媒记者 张歆。通讯员 高翔 实习生 商喾文。日前,由国家脉冲强磁场科学中心李亮教授牵头、宋运兴研讨员团队自主研制的无骨架传导冷却NbTi低温超导磁体,在9.0T峰值场强下完成了安稳运转。该磁 ...[详细]
-
新华社北京4月8日电 “特朗普最忠诚的支撑者们正恳求他达到交易协议。”美国《政治报》网站7日一篇报导的标题写道。特朗普2日在白宫签署关于所谓“对等关税”的行政令,宣告美国对交易同伴加征10%的“最低基 ...[详细]
-
湖北日报讯记者张倩倩、通讯员张文佳)5月24日至25日,我国教育学会区域教育学术年会、我国教育学会学校教育学术年会在武汉举行。现场,我国教育学会区域教育立异研讨分会建立。我国教育学会是新我国建立最早、 ...[详细]
-
五一假日将至。除了吃吃喝喝玩玩嗨嗨。走进山野田园。寻一处静寂之所。无人打扰,逍遥自在。偷得浮生半日闲。“趣”庐江,住进神往的日子。美庐美宿系列。少间·半书舍坐落庐江县汤池镇三冲村,毗连三冲巢湖源、白云 ...[详细]
-
“五一”国际劳动节行将来临,为宏扬爱岗敬业精神,丰厚广大人民群众的文明文明精神生活,长临河古镇方案展开“迎眸五月天,嗨玩长临河”主题活动,活动。行将于4月29日至5月1日在长临河古镇。盛大举行。 本 ...[详细]
-
记者4月10日从中国建设银行得悉,建设银行活跃推进股票回购增持借款事务落地,到现在,建设银行已服务上市公司及其首要股东近70户,包括国企、央企、民企等企业,触及深交所、上交所、北交所客户,供给近140 ...[详细]
-
构件超45万个 云端之上“拼积木” 宜来高速柴埠溪特大桥成功合龙
5月25日,五峰土家族自治县宜来高速柴埠溪特大桥顺畅合龙。 湖北日报全媒记者 刘曙松 通讯员 王登府 摄)。湖北日报讯 记者张泽牧、匡柏学、戴辉、通讯员王登府)5月25日上午10时18分,跟着最终一段 ...[详细]